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Fiscal <br />Year <br />2015 <br />2016 <br />2017 <br />2018 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />General <br />Obligation <br />Bonded Debt <br />$ 27,060,000 <br />27,120,000 <br />26,075,000 <br />25,295,000 <br />23,165,000 <br />28,325,000 <br />25,885,000 <br />34,895,000 <br />39,480,000 <br />36,740,000 <br />City of Ramsey <br />Ratios of Outstanding Debt by Type <br />Last Ten Fiscal Years <br />Governmental Activities <br />Unamortized <br />Bond <br />Premiums <br />$ <br />795,714 <br />1,951,694 <br />2,099,612 <br />1,915,176 <br />Capital <br />Equipment <br />Certificates <br />$ 1,310,000 <br />1,165,000 <br />1,020,000 <br />875,000 <br />725,000 <br />575,000 <br />420,000 <br />260,000 <br />1,495,000 <br />1,295,000 <br />Total Primary <br />Government <br />$ 28,370,000 <br />28,285,000 <br />27,095,000 <br />26,170,000 <br />23,890,000 <br />28,900,000 <br />27,100,714 <br />37,106,694 <br />43,074,612 <br />39, 950,176 <br />Note: Details regarding the city's outstanding debt can be found in the notes to the basic financial <br />statements. <br />(1) See the Schedule of Demographic and Economic Statistics for personal income and <br />population data. <br />Percentage <br />of Personal <br />Income(1) <br />Per <br />Capita(1) <br />3.40% $ 1,108 <br />3.28% 1,093 <br />2.93% 1,032 <br />2.77% 989 <br />2.30% 883 <br />2.75% 1,060 <br />2.57% 970 <br />3.12% 1,301 <br />3.29% 1,500 <br />3.10% 1,385 <br />148 <br />